Entries by Donna Klingenberg


Traction Capital has invested $500,000 in a St. Cloud based startup making school supplies more convenient and accessible. Impacks provides families with pre-packed school supply kits, tailored specifically to their school and grade. The Minneapolis venture capital firm looks forward to helping Impacks expand their customer base and give back to their community. Impacks is […]

Clean Waste Systems

Clean Waste Systems (“CWS”) has received a $500,000 investment from Traction Capital. The Maple Lake, MN based company manufactures and sells equipment utilizing its own proprietary, patented ozone technology for sterilizing infectious medical waste. The process uses significantly less energy and water to operate and produces a fraction of the greenhouse gas emissions as traditional […]

Cash Flow Management for Small Businesses

By Carrie Emslander What is cash flow? Cash flow is a crucial aspect of any business, as it refers to the inflow and outflow of money. It’s the lifeblood of an organization and, if managed properly, can help ensure its long-term success. In this blog, we’ll take a closer look at what cash flow is, […]


B2B marketing technology company, Scribe, has received a $400,000 investment from Traction Capital. The Minnesota based company provides businesses with handwritten notes scribed by robots to be mailed to customers. Traction Capital looks forward to working with the Scribe team as they continue to grow. Scribe provides businesses with personalized, handwritten mailers for existing clients […]

Top 15 VC (Venture Capital) Terms Every Founder Needs to Know

By Ellie Pigott 1. Liquidation Preference Liquidation Preference refers to the order of which the investors in the company get paid in the event the company goes under. Typically the order is as follows; senior debt (long term loans- commercial banks, etc.), subordinated debt (seed funds, angel investor, venture capitalist and friends/family), preferred stock (investors […]

Top 10 VC (Venture Capital) Terms Every Investor Needs to Know

By Ellie Pigott 1.  Limited Partner (LP) Limited Partner (otherwise referred to as an LP), is the term for an investor who is a member of the fund. This means they have agreed to the terms of the fund, and thus are investing their money but do not have control over the management of the […]

Delve Health

 Delve Health on Track to Transform Clinical Trials Worldwide Traction Capital has invested in an on-going partnership with a local Minnesota MedTech company with experience in clinical studies around the world. Delve Health reduces clinical trial costs and accelerated drug development by bringing the trials to patient homes, enabling more accurate data collection, and processing […]

How to Grow Your Startup During a Labor Shortage

By Ellie Pigott In the midst of a labor shortage, seeking the right talent for your startup may seem intimidating. But you might be in luck. People are leaving their jobs because they want something new and different, and working for a startup that shares their values could be a strong point of attraction. Attracting […]

5 Tips to Prepare Your Startup for a Recession

By Ellie Pigott While a recession looms overhead, many entrepreneurs fear what’s in store for their startups and small businesses. The Oxford Dictionary defines a recession as “a period of temporary economic decline during which trade and industrial activity are reduced” and in the last 160 years, recessions have occurred roughly every 4 and a […]


Traction Capital has invested in a Minnesota Technology company revolutionizing the way people fly fish. The company provides anglers with the knowledge and technology to optimize their trout fishing experience. The Minneapolis venture capital firm looks forward to helping TroutRoutes grow their platform as they tackle the U.S market. TroutRoutes is revolutionizing a sport that […]